Elite Pharmaceuticals Inc (ELTP)

[Chasing]

The only way we go up is through earnings, a merger, and the eventually buyout.

so really just earnings, which will take still several quarters at best. I'm a little surprised it can't hold .07 but I suspect contintued dilution, which is why I think there's no way this thing moves any time soon.

I don't think Nasrat was nefarious a few years ago, but I do think the FDA has driven him to it. How could it not? I have no doubt he was truly told the problem could be resolved with a label and had the rug pulled out from under him. True, he probably shouldn't have been naive about it. But it still remains that he and we have been screwed by the FDA changing their word multiple times.